ConnectCREcom Scholastic Inc has agreed to lease 68,800 square feet of space at Salmon Creek Corporate Park, a 267,700-sf industrial property in Sumner, Wash The publishers and distributors of children’s books is taking the space from Tarragon...
North Palisade Partners has paid $445 million for a 17-acre development site at 1101 California St in Redlands, Calif, about 70 miles east of Los Angeles Lee & Associates brokered the deal between the Los Angeles development and investment firm...
ConnectCREcom UMB Bank has provided $73 million of financing for the construction of Banyan High Point, a 399-unit apartment property in Aurora, Colo A venture of Banyan Residential of Los Angeles and Bridge Investment Group of Salt Lake City is...
Quarterly rent growth among the major apartment-owning REITs - 12 companies with 549,956 units - slowed in the first quarter of the year, growing by an average of just less than 1 percent from the fourth quarter That's a slowdown from last year's...
REBusiness Online Coaster Co has agreed to fully lease Turnberry 5, a 150,209-square-foot industrial property in Roselle, Ill The furniture company was represented by Lee & Associates, while the property’s owner, Prologis, was represented...
The Real Deal Puratos has agreed to fully lease an 86,900-square-foot industrial property at 15601 South Avalon Blvd in Gardena, Calif The bakery supplier was represented in the deal by NAI Capital The property, which was built last year, is owned...
The 355,000-square-foot office building at 550 California St in San Francisco is expected to sell for between $426 million and $46 million, or up to nearly $130/sf, according to a report in the San Francisco Business Times The 13-story building is...
The Real Deal Stan Kroenke has paid $815 million, or $1,598/sf, for Malibu Village, a 51,000-square-foot retail center in Malibu, Calif The owner of the Los Angeles Rams professional football team purchased the property from Jamestown, which had...
The Real Deal An affiliate of MetLife Investment Management has paid $925 million, or $47026/sf, for the 196,700-square-foot Homestead Shopping Center in Cupertino, Calif The Parsippany, NJ, investment manager purchased the property from the Sobrato...
Multi-Housing News Walker & Dunlop has provided $597 million of Freddie Mac financing against the Place at Prado, a 432-unit apartment property in Mesa, Ariz, about 17 miles east of Phoenix The fixed-rate financing allows the property’s...
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